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ushakiran finance ltd (UKF) Details

Ushakiran Finance Limited operates as a non-banking finance company in India. The company provides financing services; and invests in shares, stocks, debentures, or other securities. It also undertakes financial and consulting services, such as preparation of project reports, loan syndications, capital and debt restructuring, etc. The company was formerly known as Ushakiran Finance and Industries Limited and changed its name to Ushakiran Finance Limited in November 1993. Ushakiran Finance Limited was incorporated in 1986 and is based in Hyderabad, India.

ushakiran finance ltd (UKF) Key Developments

Ushakiran Finance Limited reported unaudited standalone earnings results for third quarter and nine months ended December 31, 2014. For the quarter, the company’s net sales/income from operations was INR 0.361 million compared to INR 0.283 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 0.017 million compared to loss from operations before other income, finance cost and exceptional items of INR 0.049 million a year ago. Profit from ordinary activities before tax was INR 0.06 million compared to INR 0.154 million a year ago. Net profit was INR 0.060 million or INR 0.02 per basic and diluted share before and after extraordinary items compared to INR 0.153 million or INR 0.06 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, the company’s net sales/income from operations was INR 1.173 million compared to INR 1.213 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 0.168 million compared to INR 0.474 million a year ago. Profit from ordinary activities before tax was INR 0.457 million compared to INR 0.745 million a year ago. Net profit was INR 0.457 million or INR 0.18 per basic and diluted share before and after extraordinary items compared to INR 0.744 million or INR 0.29 per basic and diluted share before and after extraordinary items for the same period a year ago.

Ushakiran Finance Limited Announces Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Nov 14 14

Ushakiran Finance Limited announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales of INR 0.336 million compared with INR 0.457 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 0.050 million compared with INR 0.180 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.172 million compared with INR 0.266 million for the same period a year ago. Net profit was INR 0.172 million or INR 0.07 per basic and diluted share before and after extraordinary items compared with INR 0.266 million or INR 0.10 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the six months, the company reported net sales of INR 0.812 million compared with INR 0.929 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 0.185 million compared with INR 0.425 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.397 million compared with INR 0.591 million for the same period a year ago. Net profit was INR 0.397 million or INR 0.16 per basic and diluted share before and after extraordinary items compared with INR 0.591 million or INR 0.23 per basic and diluted share before and after extraordinary items for the same period a year ago.

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